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Article L621-2 of the French Monetary and Financial Code

I.-The Autorité des marchés financiers shall consist of a Board, an Enforcement Committee and, where applicable, specialised commissions and consultative committees. Unless otherwise provided, the powers conferred on the Autorité des marchés financiers are exercised by the Board. II – The Board comprises sixteen members: 1° A Chairman, appointed by decree of the President of the Republic ; 2° A member of the Conseil d’Etat appointed by the Vice-President of…

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